Frequently Asked Questions

We have put together answers for some of the most common frequently asked questions (FAQs).

New? Make sure you check out our bad credit bank account comparison table here.

I have been turned away from a high street bank. Will I be able to get a bank account if I have bad credit?

The providers we have listed specialise in providing bank account alternatives to people with bad credit who have been turned away from high street banks. So yes you can still apply, and subject to acceptance you should be able to get a bank account. The only people that are likely to be turned down are people who are from at risk locations or subject to legal blocks on getting a bank account.

What is a bad credit bank account?

A bad credit bank account is an alternative to traditional bank account, designed especially for people with poor credit histories, that may have been turned down elsewhere.

Do bad credit bank accounts come with a debit card or credit card?

Depending on which account you apply for, all providers we have listed on our site come with either a Mastercard or Visa debit/credit card.

Please see the comparison tables here for more information on which account has which card.

Can I get a bank account if I have an IVA (Individual Voluntary Arrangement)?

Yes you can apply for a bad credit bank account if you are currently in an IVA.

The thinkmoney personal account specialises in providing accounts for people with IVAs, and that includes a money management service, can help you better manage your bills, wages and personal spending.

Read more about getting a bank account with an IVA here.

Get I get a bank account if I am on a debt management plan?

Yes, you can apply for bad credit bank account if you are currently or have recently been in a debt management plan.

Can I get an account if I am an undischarged bankrupt?

Yes you can apply for a bad credit bank account alternative if you are currently or have recently been bankrupt.

Can I get a bank account with a Debt Relief Order?

Yes, you can still apply for a bad credit bank account if you are in a Debt Relief Order in the UK.

Can I get a savings account for bad credit?

The different providers have different terms and conditions, but many can be used as savings account.

Can I get a current account for bad credit?

All the providers we have listed can be used to pay in your wages, make payments and other standard bank account functions. Check each provider for specific details on account services.